While there is a lot of noise in the market, for those of you who want to buy and hold their positions for a few years, here is a list of my top 10 in alphabetical order. One thing to notice is the large portion of US names, despite me investing in the UK for … Continue reading Top 10 long term holdings →
General
Happy New Year + (performance update for Q4)
First of all, Happy New Year to all investors out there. Hope 2026 brings you lots of success. So on to the update for Q4 and a few thoughts on 2025. The porfolio performed reasonably well during Q4, delivering average return of 2.8% vs negative 2.2% for FTSE AIMs and 2.6% for S&P500. A few … Continue reading Happy New Year + (performance update for Q4) →
Begbies and FRP
While I no longer hold them, I still follow them closely for potential entry. Both had reasonable updates(revenue growth more than profitability) as the NIC contributions are starting to bite into these labour intensive sectors. I am keenly following what will come out of the budget as there is significant speculation that there will be … Continue reading Begbies and FRP →
US tech results
Just a short post to comment on the results for Google and Amazon(and Meta, a position which I started building into since the start of the year). I thought all 3 had excellent results(especially google for which I had some reservations(see H1 performance commentary). Overall I think these stocks will have the least amount of … Continue reading US tech results →
Company results
A few of the companies would be posting results in the coming weeks(MSI and Volex as well as a couple more on my watchlist that I am building positions in). Hoping for blow out results from MSI in particular as it has been especially quiet from a news perspective. There might be also some strategic … Continue reading Company results →
Mitie podcast uploaded
If you are thinking about adding Mitie as a holding, it might be worth doing so via the Marlow shares. Currently the value at which Marlow is trading at is below the 290p +1.1Mitie shares offer. This means that the share component of the offer is trading at about 10% discount(i.e Marlow is trading today … Continue reading Mitie podcast uploaded →
Mitie follow up
Having had a chance to review in details the analyst call(as well as the financial statements and results), I think the market has a)over reacted on the downside with the results and the acquisition b) the Marlow purchase seems to be at a good price(only 26% share premium to an already subdued Marlow share price … Continue reading Mitie follow up →
Mitie FY25 results
Mitie announced reasonable results alongside an acquisition of Marlow(MRL) for £366m in a part cash(2/3), part shares(1/3) offer. The initial market reaction was quite disappointing with Mitie losing about £300m in market cap. I suspect the share reaction is a combination of the lack of clarity on the rationale for the acquisition and something within … Continue reading Mitie FY25 results →
Cordel Trading update
Positive update from Cordel, another excellent win with a reputable Class 1 US freight railroad for the AI technology offered by the company. Hopefully this provides additional assurances for other clients to jump on board imminently. In the current economic environment it is important to offer products which not only save you money but also … Continue reading Cordel Trading update →
Website updates progress
As I currently have a significant number of holdings which I have built over the years, it would take a while to upload podcasts and analysis on all of them. I will likely be uploading following an earnings announcement or a trading update for the companies which I hold but have yet to publish analysis … Continue reading Website updates progress →